Type the missing explanations in the column below.

Balance Sheet Contributed Contra Asset a 'b c d h Type the missing explanations in the column below. Explanation Company sold goods for 30,000 collecting 15,000 cash at the time of sale, remaining to be paid in future. Cost of goods is 10,000 Company records a reserve for uncollectible accounts of 1000 Company records 75,000 of stock compensation expense Company used 2,000 of the supplies it purchased previously Company records income tax expense of 10,000, and pays 7,500 in taxes now, the rest is a temporary difference due to depreciation Income Statement Cash Asset Cash + 500,000 Cash + 10,000 Noncash Asset - Prepaid Exp 12,000 Liabilities + Notes Payable 500,000 Salary = Payable +5000 Deferred Revenue +5000 Capital Contra Equity Earned Capital -12000 -5000 5,000 Revenues Sales + 5,000 Expenses Rent Expense +12,000 Salary Exp +5000 = Net Income -12000 - -5000 5000